SGB Executive Outdoor
Thule Names New Western Envoy
Thule hired Eric Wallace as the new Western Envoy. Wallace comes to Thule with extensive experience in the cycling industry as the team manager of some of the most successful mountain biking teams. As the Western Envoy, Wallace will be providing technical
Everlast Posts 29% 2005 Revenue Jump
Everlast Worldwide Inc. saw net revenues from continuing operations increase 29% for the year to a record $43.3 million as compared to $33.5 million in 2004. The net revenue growth was achieved by a 32% increase in net licensing revenue to $12 million as
Payless Q4 Sales Up Slightly; Comps up 2.3%
Payless ShoeSource, Inc. saw sales during the fourth quarter of 2005 total $611.3 million, a 0.7% increase from $607.2 million during the fourth quarter 2004. Same-store sales increased 2.3% during the fourth quarter 2005. Average footwear unit retail for
VAUDE acquires Edelrid
VAUDE has acquired the Edelmann + Ridder GmbH & Co. KG, best known for he Edelrid brand of climbin ropes. Edelrid, the specialist for climbing equipment, specifically manufacturing ropes and climbing harnesses, further rounds out VAUDE’s product offering.
REI Promotes Hopkins and Spangler
Recreational Equipment, Inc. has appointed Janet Hopkins and Tim Spangler to the company's recently created retail
store regional vice president positions. Hopkins and Spangler, both of whom currently serve as members of REI's retail leadershi
Bob’s Stores a Burden to TJX in 2005
The TJX Companies, Inc. saw net sales for the fiscal year were $16.1 billion, an 8% increase over last year and consolidated comparable store sales increased 2%. Sales at Bob's Stores decreased 0.7% for the quarter to $288.5 million from $290.6 milli
Hi-Tec Takes Next Step in Five-Year Restructuring Plan
Hi-Tec Sports PLC is entering it’s fourth year of a five year repositioning strategy. It started in 2002 with the re-branding of it’s Hi-Tec Brand, focusing on the core categories of Outdoor, Golf and Court. Over the next 2 years, this was followed by cen
Garmin Q4 Earnings Outpace Sales by Nearly Two to One
Garmin Ltd. fourth quarter 2005 revenue was $319.3 million, up 45% from $220.9 million in fourth quarter 2004. The consumer segment revenue increased 50% to $260.2 million in fourth quarter 2005. All geographic areas experienced solid growth. Earnings pe
Sport Haley Fiscal Q2 Swings to Profit on 11% Sales Decline
Sport-Haley, Inc. net sales for the fiscal second quarter ended December 31, 2005 were $4.4 million, a decrease of $571,000 or 11%, from net sales of $5.0 million for the same quarter in the prior fiscal year. Net income for the quarter ended December 31,
Accounting Error Causes Sport-Haley to Restate Earnings
Sport-Haley, Inc. announced that the Audit Committee of the Company's Board of Directors, along with senior management, determined that the statements of operations and cash flows for the quarter ended September 30, 2005, contained an error, which wh
LaCrosse Looks to Move to Portland
LaCrosse Footwear, Inc. signed an agreement with the Portland Development Commission (PDC) for a loan and grant package worth $750,000 to assist in bringing the company's corporate headquarters and the Danner distribution center to the City of Portla
Callaway Renews Olin Brown Contract
Callaway Golf Company has re-signed PGA Tour player Olin Browne to a multi-year contract. Browne, who in 1992 was the first PGA Tour player to sign on as Callaway Golf Staff Professional, will endorse Callaway Golf woods, irons and golf balls, carry a Cal
Dynacraft and Wal-Mart Acquitted of Charges Civil Suit
A 12-member civil jury has rejected claims that San Rafael, Calif.-based Dynacraft BSC Inc. and Bentonville, Ark.-based Wal-Mart Stores Inc. knowingly sold bicycles with defective front-wheel quick-release mechanisms. The jury's verdict followed a ci
Escalade Posts Net Profit on Sales Slump
Escalade, Inc.'s fourth quarter net income grew to $3.1 million, a 226% increase as compared to the year ago quarter. Fourth quarter net sales of $44.7 million were described as “disappointing and below expectations.” Full year net sales of $185.6 mi
Hensley Brothers Return to Innes Clothing
After years of focusing on touring as a member of the band Flogging Molly, Matt Hensley has re-taken a “hands on” role at his skateboard clothing company Innes. His brother Chris also returns to help crank up the company they started together in 1996. See
